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#1106300 - 01/06/09 08:55 PM Lien Limit Guidelines for HELOC's/HELOAN's
Many Hats Offline
Platinum Poster
Joined: May 2008
Posts: 915
Orlando, FL
Our bank is in the process of developing guidelines for maximum combned lien limits on our HELOC's and HELOAN's. We have never done this before and I need a little help figuring out where to begin.

My brain is fried...does anyone have any resources, samples, or advice they can share?

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Lending Compliance
#1109405 - 01/12/09 08:30 PM Re: Lien Limit Guidelines for HELOC's/HELOAN's Many Hats
Ray_ Offline
Platinum Poster
Joined: Aug 2006
Posts: 879
Dallas, TX
In Texas that is decided for us by law: HELOC borrowers may be able to borrow as much as 80% of the combined Loan To Value (LTV), not to exceed 50% of the Fair Market Value of the home. Regular home equity is 80% CLTV.

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